Report: Romney's group has submitted higher bid than Bush-Jeter for Marlins

A group led by former New York Yankees shortstop Derek Jeter and former presidential candidate Jeb Bush may not be a shoo-in after all as the new owners of the Miami Marlins.

The group is facing stiff competition from a separate party led by businessman Tagg Romney, which has submitted a bid slightly higher than the reported $1.3 billion offered by the Bush-Jeter-led faction, according to an MLB source of Barry Jackson and Douglas Hanks of the Miami Herald.

Major League Baseball and the Marlins are evaluating both offers, according to the same source, and a decision is expected shortly.

"We have two very strong groups that we believe will have sufficient financial resources to complete the sale and run the team effectively," MLB commissioner Rob Manfred told the Herald in a statement.

The bid from Romney's group - which also features former Atlanta Braves pitcher and Hall of Famer Tom Glavine - is apparently less than $1.4 billion, according to the Herald.